Ethereum was dumped down to 950$ in latest Bear market and now it's trading 2x from that price. My question is , what is best price to buy ? Buy now or wait to down 600$?
No one knows when is the right time to buy a certain coin because usually experienced investors in their market will always make purchases whenever there is a decline, so if at this time you are not sure to buy ethereum for $1.5k but you can wait until the price of ethereum will return to $600 but to return to that price in my opinion it will be impossible for now because in the middle of this month the ETH merger will soon be formalized so most likely the price of the coin will continue to increase.
Unfortunately, people are not aware that literally nobody in the world knows what the exact bottom is, and that is why they can't know when to buy neither. I personally buy eth and btc as much as I can whenever I have money, for the past few months I have been financially in trouble, but as soon as I get out (it looks like December is the last of my debts) I will keep on buying more.
Not just when it is low, I buy when it is high too, I do not care about the price because I believe that I will make a good profit one way or another eventually. If you approach it like that, then you are going to be making a good profit in the long term and that is the thing that matters the most.